Thanks matt, yes the property crash is in full swing now and it will be interesting to see how it pans out.
As for MMX, they are truly a dog stock matt and if you've been holding them for a while you are never going to recover your money I'm afraid.
The oakajee thing has been talked about for nearly 20 years now and it still hasnt happened.
Time to move on. THe big io players up north are already into their expansion plans. The supply chain will catch up to demand then two bit players like mmx will be crushed by rising costs and declining commodity prices.
GBG a better option as far as they already have port capacity but even they are going to be hampered by the lack of growth capacity at the geraldton port.
mmx out of options and out of money. dont get burnt mate.
MMX Price at posting:
76.5¢ Sentiment: Sell Disclosure: Not Held
